By Lewis Krauskopf NEW YORK (Reuters) – Strong corporate results have helped fuel the S&P 500’s climb to new highs…
Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023
By Niket Nishant and Manya Saini (Reuters) -Reddit disclosed on Thursday that its net loss narrowed to $90.8 million and…
S&P 500, Dow surge to record closing highs as Nvidia sparks AI frenzy
By David French (Reuters) -The S&P 500 and Dow Jones Industrial Average both surged to record closing highs on Thursday,…
Nvidia fuels global stock records, bond yields rise
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -AI chipmaker Nvidia’s stunning results sparked a worldwide wave of record…
TSX closes at 22-month high powered by tech rally
By Purvi Agarwal (Reuters) -Canada’s main stock index closed at a 22-month closing high on Thursday, buoyed by gains in…
Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
S&P 500, Dow close slightly up; Nvidia gains after the bell
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and Dow Jones industrials eked out small gains on Wednesday,…
Morgan Stanley forced Frasers off books with $1 billion margin call, court told
By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call to force trades…
Icahn Enterprises warns of drop in asset value, names insider Teno CEO
(Reuters) -Icahn Enterprises on Wednesday warned of a sequential decline in its indicative net asset value in the fourth quarter,…
Dollar, stocks slip on fading rate cut expectations
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global stock performance fell…